Your Benefits Envelope: How do U use yours? | 07 | News | Home

Many UK employees get a Benefits Envelope as part of their Total Reward Package each year. This is worth 25% of your pensionable earnings (your basic pay and, for some people, other allowances).

If you’re eligible for a Benefits Envelope, Annual Renewal is the time of year you tell Unilever how you want to use your Benefits Envelope for the year ahead. You can use it to save for pension, give yourself extra taxable pay or both.

During Annual Renewal you can also use your pay to buy extra life cover, serious ill-health cover, and make extra voluntary contributions.

Review your current pension & benefit choices and see how different options could affect your take-home pay and pension at unileverbenefitchoices.com

You have until 27 August to submit your pension & benefit choices.

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The aim of this website is to outline the benefits available from the Fund. It does not go into as much detail as the legal document governing the Unilever UK Pension Fund – its 'trust deed and rules'. If there are any differences between the trust deed and rules from time to time in force and this website, the trust deed and rules will apply. Some members’ benefits and options may be subject to certain special arrangements, which are not described on this website. Please check with the Unilever Pensions Team if any special arrangements apply to you.

Unilever UK Pension Fund Trustees Limited is the Trustee of the Fund. Throughout this website, ‘Trustees’ means the Directors of Unilever UK Pension Fund Trustees Limited.

This website does not give any rights to particular levels of contributions or benefits. Unilever reserves the right to end your employer’s participation in any section of the Fund and, with the Trustees’ agreement, to make changes to the Fund.

Anything in this site about legal or tax issues is based on the Trustees’ understanding of these issues at the current date and is a high-level guide only. Legal and tax issues may change from time to time. The Trustees cannot give tax advice in relation to the application of tax rules or legislation and it is each member’s responsibility to take advice on their own tax position.